harvard business school
Flickr/Florian Pilz
Harvard Business School is asking applicants to its inaugural online program in business basics one essay question along with five multiple-choice questions as part of its application which went online on April 9.
Prospective students to the program called CORe, which stands for Credential of Readiness, are being given until May 6 to complete the application for a June 11th start date to the program. In this first wave, HBS is accepting applications only from students enrolled in a full-time degree program from a college or university in Massachusetts.
Applicants must be a member of the class of 2014, 2015 or 2016 or graduate students in a non-business program. The school expects 500 to 1,000 students to enroll in this beta version of the program at an inaugural cost of $1,500. If all goes well, Harvard expects to make the CORe (Credential of Readiness) program available nationwide in the fall, with as many as 2,000 students, and to roll it out internationally early next year.
To vet the applicants to the program, HBS is asking a series of rather simple questions. Can you answer them correctly?

Question One:

The graph below tracks the price and number of tickets sold at the Barrington Arts Museum from 2007-2013.
harvard chart 01
Harvard Business School
Given the information above, what can you deduce about the relationship between the price of one ticket and the number of tickets sold per day at the Barrington Arts Museum?
1) Higher ticket prices increase the volume of tickets sold
2) There is no relationship between ticket price and the quantity of tickets sold per day
3) Lower unit prices discourage attendance
4) The quantity of tickets sold per day tends to increase in years with lower ticket prices

Question Two:

Identify the most accurate statement of the choices listed below.
1) Ticket prices at the Barrington Arts Museum are trending upward
2) The number of tickets sold per day peaked in 2007
3) Ticket prices peaked in 2008
4) Attendance at the Barrington Arts Museum is trending upward
5) The price of one ticket remained constant between 2009 and 2011

Question Three:

The spreadsheet below displays data on the purchase of locally-grown asparagus in the town of Valiantboro. Use the information provided to answer the questions at the bottom of the page.
harvard chart 02
Harvard Business School
In this poll, individuals over 50 years old constitute ______ of the total sample size.
1) 12%
2) 27.27%
3) 50%
4) 88%

Question Four:

How many people under the age of 30 cited “I enjoy the taste” as the top reason for purchasing locally grown asparagus?
1) 12
2) 28
3) 50
4) 56

Question Five:

Approximately 16.52% of all participants sampled listed “no other option” as the top reason for purchasing locally grown asparagus.
True
False
To find out more about the new three-course program for liberal arts undergraduates and recent graduates, check out PoetsandQuants.com: HARVARD BUSINESS SCHOOL GOES ONLINE.
LinkedIn Influencer, John Byrne, published this post originally onLinkedIn.